Franchise Brands (LON:FRAN) Insider Acquires £60,000 in Stock

Franchise Brands plc (LON:FRAN) insider Nigel Wray acquired 50,000 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was purchased at an average cost of GBX 120 per share, with a total value of £60,000.

Franchise Brands Trading Up 3.9%

FRAN opened at GBX 120.50 on Friday. The stock has a market cap of £231.88 million, a price-to-earnings ratio of 2,997.51 and a beta of 0.82. The company has a debt-to-equity ratio of 42.67, a quick ratio of 1.57 and a current ratio of 1.39. Franchise Brands plc has a one year low of GBX 116 and a one year high of GBX 185. The stock’s 50 day moving average price is GBX 132.61 and its 200-day moving average price is GBX 140.07.

Franchise Brands (LON:FRAN) last released its quarterly earnings results on Wednesday, July 30th. The company reported GBX 4.42 earnings per share (EPS) for the quarter. Franchise Brands had a return on equity of 3.60% and a net margin of 6.43%. On average, equities analysts forecast that Franchise Brands plc will post 11.3266098 EPS for the current year.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.